Est. cap rate

4.7%

Assumed rent, all units

$6,660/mo

Units

3

Price per unit

$283,000

Est. annual NOI

$39,960

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,944 sqft

Lot size

5,732 sqft

Year built

1921

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

43

MLS #

246797460

About this property

Discover the potential of this well-maintained triplex ideally situated in the vibrant and highly connected Glassell Park area. This property offers an attractive opportunity for anyone looking to add value and maximize rental income. Live in one and have rental income from the other 2 units. The vacant rear unit features a brand-new kitchen and updated bathrooms, providing an excellent opportunity for an owner-user, immediate leasing, or an investor seeking a turnkey unit. The two front units are currently occupied, offering existing rental income while you capitalize on the potential of the vacant unit. Conveniently located near Eagle Rock, the LA River Trail, Pasadena, and Downtown Los Angeles, this property provides easy access to dining, shopping, recreation, and major employment centers. With a desirable location, solid existing tenancy, and a beautifully updated vacant unit, this triplex presents a compelling opportunity to acquire and enhance a multifamily investment in one of Northeast Los Angeles’ sought-after neighborhoods.

Location

2845 Estara

Los Angeles, Los Angeles, CA, 90065